Hundreds of Kenyans are now under pressure to act fast after Koko Networks entered administration. The company has issued a strict deadline of April 8, 2026, for all creditors to submit their claims. Those who fail to meet the timeline risk losing their money. The development follows the firm’s sudden shutdown, which has left many customers, suppliers and partners stranded.

Koko Networks was once seen as a game changer in the clean energy space. It provided bioethanol fuel and modern cookstoves to households. The goal was simple. Reduce dependence on charcoal and kerosene. Promote cleaner living. At its peak, the company attracted major investment and rapid expansion. However, trouble began when it struggled to secure approval for carbon credit trading. This revenue stream was critical. Without it, the company could not sustain its pricing model.
The situation has now moved into the hands of administrators. The process is being handled with support from PricewaterhouseCoopers. A virtual meeting has been scheduled for April 10, 2026. During the session, creditors will receive updates on the company’s financial position. They will also explore possible recovery options, including restructuring or asset sales. Only registered and verified creditors will be allowed to participate.
The shutdown has had wider effects. Hundreds of employees have lost their jobs. Many households that depended on Koko fuel are now left searching for alternatives. The company’s collapse also raises concerns about the future of clean energy solutions in Kenya. Its model had been praised as innovative and scalable.
Creditors have been urged to act immediately. Those unable to attend the meeting can submit their views in writing. While no guarantees have been made, the administrators will assess all available options.
Discover more from ULIZA LINKS NEWS
Subscribe to get the latest posts sent to your email.



